https://www.taxtmi.com/caselaws?id=404615 The payments made by LG India to IML under the Marketing and Advertising Agreement (MAA) were held not taxable in India under the India-Mauritius Double Taxation Avoidance Agreement (DTAA). However, LG India was obligated to withhold tax on payments made for games played in India under the MAA, which were considered guarantee fees falling under Section 115BBA. The tax deduction rate applicable was determined to be under Section 194E of the Income-Tax Act, initially at 10% and later increased to 20% from 01/07/2012. en-us Thu, 18 Feb 2021 00:00:00 +0530 Tue, 08 Jun 2021 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404615 The payments made by LG India to IML under the Marketing and Advertising Agreement (MAA) were held not taxable in India under the India-Mauritius Double Taxation Avoidance Agreement (DTAA). However, LG India was obligated to withhold tax on payments made for games played in India under the MAA, which were considered guarantee fees falling under Section 115BBA. The tax deduction rate applicable was determined to be under Section 194E of the Income-Tax Act, initially at 10% and later increased to 20% from 01/07/2012. Case-Laws Income Tax Thu, 18 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404615